299 Kent St Sydney NSW 2000

299 KENT STREET SYDNEY
(also known as 41-45 Erskine Street)

KEY CORNER POSITION

Location

299 Kent Street, Sydney is located in the northern CBD, on the corner of Kent and Erskine Streets diagonally opposite the new Westpac head offices.

The property is easily accessible by public transport, just moments away from both the Wynyard bus and rail terminals and within the immediate vicinity of King Street Wharf and Darling Harbour.

Description

The property comprises four ground floor shops and two upper levels of offices. The ground floor shops are currently operated as a sandwhich shop/café on the corner, a dry cleaner and a Vietnamese restaurant occupies the shop onto Erskine Street.

Construction is brick and timber with concrete stairwell off Kent Street providing access to the upper levels.

Level one is divided into seven small suites predominantly leased to music tutors with level two divided into three tenancies.

All tenancies are on either month to month or have less than 12 months remaining on their lease

HUGE POTENTIAL
Site Area 247.3 sqm
NLA 562 sqm
GROSS INCOME APPROX $242,930.07 P.A

AUCTION 23RD MARCH 2010, 10 AM, 55 HARRINGTON STREET, SYDNEY